New Book: Momentum’s Greek-Italian Trading Solutions
Realistic Stock Market Trading Strategies for TeleChart 2007 Users
by Dr. Robert L. Ward and Jerry Ginger
If you already use TeleChart 2007, you will agree that this is one of the finest and easiest stock market software programs for investors to use. That being the case, you may want to check out a newly published book that takes advantage of some of the capabilities incorporated in this latest version.
The newest version of TeleChart allows investors to write their own custom formulas and devise their own indicators. However, as easy as TeleChart makes this process, this task can be quite time consuming and frustrating while trying to come up with just the right combination of formulas and indicators to consistently make money. The authors of “Momentum’s Greek-Italian Trading Solutions (GITS)” believe they have discovered a very profitable and easy-to-use indicator. The writers, both long-time investors (104 years investing experience between them) discovered a combination of indicators, that when applied to the vast TeleChart stock database, achieved spectacular results. The book tells you exactly how to put these indicators into TeleChart. Within minutes even a novice investor will be able to identify key buy points.
The main premise behind GITS, is that on any given day, a number of stocks are giving short-term, intermediate-term and long-term buy signals. The authors figured if they could identify a stock where all three buy signals occurred simultaneously, that this would indeed be a powerful signal. And so it was.
But don’t buy the book based on their indicator alone. In its 27 chapters, the authors provide insight on how to trade various securities, ranging from stocks, ETF’s, Long-term Equity Participation Securities (LEAPS), index mutual funds, sectors and indexes. The book presents a number of valuable strategies from: how to search for stocks selling at a discount, a strategy to help identify stocks before they make big gains, a combination of an exchange traded funds and a 401(k) strategy, a dividend-a-month strategy and more. Accompanying the book is a CD ROM containing over 800 charts on how well GITS worked. One portion of the CD covers the last 50 years of bear and bull markets and graphically depicts the accuracy of GITS.
Armed with the information presented in the book and on the CD ROM, you will quickly come to your own conclusion as to whether a stock is a viable buy candidate. And just as importantly the book shows you when to sell the stock. By the end of the book and accompanying CD ROM, investors will be able to check out a stock from a technical point of view, study its chart, view some fundamentals, and within seconds determine if an equity is a feasible purchase or one that should be avoided.
The authors’ idea in presenting so many charts is that by the time investors flip through these charts, they will not only feel comfortable but also will also be confident of what to look for in potential buy candidates. At the opposite end of the scale, the book furnishes you with equally important visual sell guidelines.